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2014-01374 - escrow fee
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2014-01374 - escrow fee
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Last modified
8/22/2023 5:39:32 PM
Creation date
1/17/2018 1:30:26 PM
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x Address Old
House Number
4315
Street Name
North Shore
Street Type
Drive
Address
4315 North Shore Dr
Document Type
Permits/Inspections
PIN
0711723430028
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• . p <br /> 5. CLOSING ESCROW. The Balance on deposit in the escrow, if any, shall be retumed to <br /> the Owners when all requirements related to the project are complete. City Staff shall review the terms of <br /> this escrow agreement two times per year to determine whether the requirements of the project have <br /> been successfully completed and whether it is appropriate to retum the funds. Owner may also request <br /> the release of the funds, and such funds shall be released upon City Staff receiving the appropriate <br /> verification that all requirements of the proje�t have been successfully completed. <br /> 6. CERTIFY UNPAID CHARGES. If-the project is abandoned by Owners, or if the eligible <br /> expenses incurred by the City exceed the amount in escrow, the City shall have the right to certify the <br /> unpaid balance to the subject property pursuant to Minn. Stat. §§415.01 and 366.012. <br /> 7. ACCESS TO SUBJECT PROPERTY. The Owners hereby grant to the City, its agents, <br /> employees, officers and contractors, the right to enter upon the subject property for the specific purpose <br /> of inspecting and completing any exterior improvements, final grading, establishment of vegetation and <br /> the restoration of the subject property should the Owrners not complete the work by the specified dates. <br /> CITY: CITY OF ORONO OWNERS: <br /> � � � <br /> By: � ..�� �.Y�.�� <br /> �ts: � ' 'tiS <br /> / <br /> � <br /> t�t,�rt�al;Us�a t,� �t;.: ,�: � �:��in�nc�a. a€�tri �,, �,.' � #� <br /> 155441 <br />
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